Reacting to short-term changes in the stock market is one of the dumbest things Left Twitter does & shows a startingly callow understanding of basic econ. The market is capricious w/ huge fluctuations, rendering short-term trends irrelevant to the broader wealth inequality issue.

A simple analogy is to think of the short-term stock market as weather and the long-term stock market as climate. Weather is not the climate and a single day of frigid temperatures or even an entire winter of unusual cold is irrelevant to the broader climate change issue.

There is, however, a worrisome long-term trend of the rich getting richer through the market and wealth being increasingly consolidated. Progressives should spend their time and energy on this rather than chasing every shiny object (i.e. clickbait headline on wealth fluctuations)

Exhibit A: https://twitter.com/abc/status/1277359625008971776

Exhibit B: https://twitter.com/forbes/status/1276817289573273602

Exhibit C: And, of course, the most egregiously deceptive and manipulative tweet comes from Bernie Sanders himself — surprise, surprise. Why did the graph in Bernie Sanders’s video start at March 18? Take a look at this picture of the S&P 500, notice anything? https://twitter.com/berniesanders/status/1276878615314157568